Coal Ministry reports 33% rise in production post review of 127 blocks

18 Nov 2024 CW Team

The Ministry of Coal reviewed 127 coal blocks on November 13-14 to bolster India's energy security and support its developmental vision. Chaired by Additional Secretary and Nominated Authority Rupinder Brar, the meeting evaluated 64 operational coal blocks and 63 nearing production stages across states like Jharkhand, Chhattisgarh, Odisha, and West Bengal.

The 64 producing blocks achieved a production of 100.08 million tonnes (MT) as of November 8, 2024, reflecting a 33.35% year-on-year increase. Dispatches also rose by 34.38%, reaching 107.81 MT.

Discussions focused on First Mile Connectivity, production optimisation, and improved transportation infrastructure. Brar urged state officials and allottees to expedite operationalising pending blocks, underscoring their role in ensuring energy security.

Currently, 55 blocks are operational, with one new block starting production this year and nine more expected to follow by the fiscal year's end. These efforts align with India's goal of energy self-reliance and becoming a developed nation by 2047. (ET)

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..